November 17, 2016 - By Darrin Black · 0 Comments
Nov 17 is a positive day so far for VanEck Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ) as the ETF is active during the day after gaining 0.62% to hit $35.77 per share. The exchange traded fund has 2.87B net assets and 4.54% volatility this month.
Over the course of the day 547,126 shares traded hands, as compared to an average volume of 17.18M over the last 30 days for VanEck Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ).
The ETF is -34.78% of its 52-Week High and 102.96% of its low, and is currently having ATR of 2.06. This year’s performance is 78.24% while this quarter’s performance is -32.89%.
The ETF’s YTD performance is 111.76%, the 1 year is 100.25% and the 3 year is 3.2%.
The ETF’s average P/E ratio is 19.56, the price to book is 1.25, the price to sales is 2.06 and the price to cashflow is 4.41. It was started on 11/11/2009. The fund’s top holdings are: PRETIUM RESOURCES INC. for 5.21% of assets, VanEck Vectors Gold Miners ETF for 4.94%, ALAMOS GOLD INC CLS A for 4.86%, INDUSTRIAL ALLIANCE INS & FIN S for 4.61%, Silver Standard Resources Inc for 4.01%, Endeavour Mining Corp for 3.68%, Torex Gold Resources Inc for 3.47%, Regis Resources Ltd for 3.20%, B2Gold Corp for 3.11%, OSISKO GOLD ROYALTIES LTD for 3.09%. The ETF sector weights are: Basic Materials 100.00%. The ETF currently as 0.35% yield.
More notable recent Market Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ) news were published by: Etfdailynews.com which released: “As Gold Miners Crash, Is A New Bear Market Forming?” on November 11, 2016, also Etfdailynews.com with their article: “Is Gold Miners’ Correction Nearing an End?” published on October 14, 2016, Etfdailynews.com published: “McDonald: Gold Miners Are a “Screaming Buy”” on October 18, 2016. More interesting news about Market Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ) were released by: Etfdailynews.com and their article: “Things Will Get Worse for Gold Miners Before They Get Better” published on November 05, 2016 as well as Etfdailynews.com‘s news article titled: “These Three Junior Gold Miners are Outperforming the Junior Miners ETF” with publication date: August 09, 2016.
Market Vectors Junior Gold Miners ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Junior Gold Miners Index (the Index). The ETF has a market cap of $2.87 billion. The Index provides exposure to a global universe of publicly traded small- and medium-capitalization companies that generate at least 50% of their revenues from gold and/or silver mining, hold real property that has the potential to produce at least 50% of the Company’s revenue from gold or silver mining when developed, or primarily invest in gold or silver. It currently has negative earnings. The Fund will normally invest at least 80% of its total assets in companies that are involved in the gold mining industry.
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By Darrin Black